Freestanding Office
For Lease
Contact for pricing
16620 N 40th St, Phoenix, AZ 85032
Single-story office suites with private entrances and direct access to covered and surface parking.
Space Size2,461 SF
Days on Market849
Property Features for 16620 N 40th St
General Information
Standard status
Active
Size
2,461 SF
Property subtype
OFFICE
Lease Type
Modified Gross
Site & Location
Neighborhood
Paradise Valley
Amenities
Private Entrance
Direct Access Parking
Covered and Surface Parking
Building and Monument Signage
Building Details
Stories
1
Spaces For Lease
at 16620 N 40th St
Building D
$31/SF/Yr
Floor
1
Size
2,461 SF
Type
OFFICE
Lease Type
MODIFIED_GROSS
Availability
AVAILABLE, Now
Sublease
No
- Single-Story free standing, Private Entrance, Direct Access Parking
- Lease Rate: $32 PSF Modified Gross (elec/jan)
- Suite D4: 2,461 SF
- Suite H1: 2,687 SF
- Ample Covered and Surface Parking Available
- Building and Monument Signage Available
Contact us
Listing Agency:
Menlo Group Commercial Real Estate
(480) 771-1376
Listed By:
Stuart Milne · License #AZ SA634760000
(480) 236-9511
Source:
Moodyscre
Added: Jul 4, 2024
Changed: Oct 25
Last Checked: Oct 28 at 8:09AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Menlo Group Commercial Real Estate
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This single-story, freestanding office property offers private entrances with direct access to on-site parking. Building and monument signage are available to support wayfinding and visibility for occupants and guests.
Available suites include D4 and H1, each offering sizable office space for businesses seeking a dedicated suite configuration. The property also provides ample covered and surface parking.
The offering is available for lease on a modified gross basis, with electricity and janitorial services addressed as noted in the lease rate information provided.
Available suites include D4 and H1, each offering sizable office space for businesses seeking a dedicated suite configuration. The property also provides ample covered and surface parking.
The offering is available for lease on a modified gross basis, with electricity and janitorial services addressed as noted in the lease rate information provided.
Key Highlights
- Single‑story office suites with private entrance and direct access to covered and surface parking
- Lease rate of $32 PSF Modified Gross (elec/jan)
- Suite D4 offers 2,461 SF
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Modified Gross
Lease Type
Location Intelligence
Trade Area within ½ mile
1,259
Businesses Nearby
Explore this area
Business Placement
Demographics for 85032, AZ
68,710
Population
30,386
Households
2.3
Avg Household Size
38
Median Age
34%
College-Educated
89%
High-School Grad
12.4 sq mi
ZIP Area
5,541
Density / Sq Mi
$74,331
Median Household Income
$44,790
Median Earnings
$1,492
Median Rent
$387,900
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Lease Benchmarks for Phoenix, AZ
$20.1 /SF/Yr
Avg Asking Price
$1.16–$114 /SF/Yr
Price Range
10,754 SF
Avg Space Size
This space is priced 54% above the average of $20.1 /SF/Yr.
Vacancy Rate% for Office in Phoenix, AZ
Frequently Asked Questions
What type of property is this?
Office unit - Single-story office suites with private entrances and direct access to covered and surface parking.
Where is this office unit located?
The property is located at 16620 N 40th St Phoenix, AZ.
What is the lease rate?
The lease rate is $31 SF/Yr.
What are key features of this property?
This property features: Single‑story office suites with private entrance and direct access to covered and surface parking; Lease rate of $32 PSF Modified Gross (elec/jan); Suite D4 offers 2,461 SF
